It seems the ASX is continuing it's hesitant following of the Nasdaq upwards. Continually the buy and sell orders keep forming a gap either side of the closing equivalent on the Nasdaq from the previous night. Buyers appear to not want to pay more than the Nasdaq closing equivalent and sellers appear to not want to get less than the Nasdaq closing equivalent. Every now and then though someone jumps the gap, or it temporarily closes. This seems more apparent as the price moves up than it does as the price moves down. I wonder if it's just people's perceptions being affected by the sometimes rapid downwards volatility on the Nasdaq.
SHC Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held
